What Firms Leave Multi-stakeholder Initiatives?: An Analysis of Delistings From the UN Global Compact

Research output: Contribution to conferencePaperResearchpeer-review

Abstract

This study analyzes which firms leave multi-stakeholder initiatives (MSIs) for corporate social responsibility (CSR). Based on an analysis of all active and delisted participants from the UN Global Compact between 2000 and 2015 (n= 15,853), we find that SMEs are more likely to be delisted than larger and publicly-traded firms; that early adopters face a higher risk of being delisted; and that the presence of a local network in a country reduces the likelihood of being delisted. Based on this, we extend resource dependence theory in the context of CSR by theorizing (a) the effect of participant heterogeneity on resource dependence relationships and (b) the role of indirect influence pathways where stakeholders work through allies to manipulate the flow of resources to a firm.
This study analyzes which firms leave multi-stakeholder initiatives (MSIs) for corporate social responsibility (CSR). Based on an analysis of all active and delisted participants from the UN Global Compact between 2000 and 2015 (n= 15,853), we find that SMEs are more likely to be delisted than larger and publicly-traded firms; that early adopters face a higher risk of being delisted; and that the presence of a local network in a country reduces the likelihood of being delisted. Based on this, we extend resource dependence theory in the context of CSR by theorizing (a) the effect of participant heterogeneity on resource dependence relationships and (b) the role of indirect influence pathways where stakeholders work through allies to manipulate the flow of resources to a firm.

Conference

Conference78th Annual Meeting of The Academy of Management
Number78
CountryUnited States
CityChicago
Period10/08/201814/08/2018
Internet address

Bibliographical note

CBS Library does not have access to the material

Keywords

  • Multi-stakeholder initiatives
  • Corporate social responsibility
  • Small-and-medium-sized enterprises (SMEs)
  • Resource dependency theory
  • UN Global Compact

Cite this

Rasche, A., Gwozdz, W., Larsen, M. L., & Moon, J. (2018). What Firms Leave Multi-stakeholder Initiatives? An Analysis of Delistings From the UN Global Compact. Paper presented at 78th Annual Meeting of The Academy of Management , Chicago, United States.DOI: 10.5465/AMBPP.2018.10459abstract
Rasche, Andreas ; Gwozdz, Wencke ; Larsen, Mathias Lund ; Moon, Jeremy. / What Firms Leave Multi-stakeholder Initiatives? An Analysis of Delistings From the UN Global Compact. Paper presented at 78th Annual Meeting of The Academy of Management , Chicago, United States.39 p.
@conference{fc059d5cf9f44344a579ac2a88cabdba,
title = "What Firms Leave Multi-stakeholder Initiatives?: An Analysis of Delistings From the UN Global Compact",
abstract = "This study analyzes which firms leave multi-stakeholder initiatives (MSIs) for corporate social responsibility (CSR). Based on an analysis of all active and delisted participants from the UN Global Compact between 2000 and 2015 (n= 15,853), we find that SMEs are more likely to be delisted than larger and publicly-traded firms; that early adopters face a higher risk of being delisted; and that the presence of a local network in a country reduces the likelihood of being delisted. Based on this, we extend resource dependence theory in the context of CSR by theorizing (a) the effect of participant heterogeneity on resource dependence relationships and (b) the role of indirect influence pathways where stakeholders work through allies to manipulate the flow of resources to a firm.",
keywords = "Multi-stakeholder initiatives, Corporate social responsibility, Small-and-medium-sized enterprises (SMEs), Resource dependency theory, UN Global Compact, Multi-stakeholder initiatives, Corporate social responsibility, Small-and-medium-sized enterprises (SMEs), Resource dependency theory, UN Global Compact",
author = "Andreas Rasche and Wencke Gwozdz and Larsen, {Mathias Lund} and Jeremy Moon",
note = "CBS Library does not have access to the material; null ; Conference date: 10-08-2018 Through 14-08-2018",
year = "2018",
doi = "10.5465/AMBPP.2018.10459abstract",
language = "English",
url = "http://aom.org/annualmeeting/",

}

What Firms Leave Multi-stakeholder Initiatives? An Analysis of Delistings From the UN Global Compact. / Rasche, Andreas; Gwozdz, Wencke; Larsen, Mathias Lund; Moon, Jeremy.

2018. Paper presented at 78th Annual Meeting of The Academy of Management , Chicago, United States.

Research output: Contribution to conferencePaperResearchpeer-review

TY - CONF

T1 - What Firms Leave Multi-stakeholder Initiatives?

T2 - An Analysis of Delistings From the UN Global Compact

AU - Rasche,Andreas

AU - Gwozdz,Wencke

AU - Larsen,Mathias Lund

AU - Moon,Jeremy

N1 - CBS Library does not have access to the material

PY - 2018

Y1 - 2018

N2 - This study analyzes which firms leave multi-stakeholder initiatives (MSIs) for corporate social responsibility (CSR). Based on an analysis of all active and delisted participants from the UN Global Compact between 2000 and 2015 (n= 15,853), we find that SMEs are more likely to be delisted than larger and publicly-traded firms; that early adopters face a higher risk of being delisted; and that the presence of a local network in a country reduces the likelihood of being delisted. Based on this, we extend resource dependence theory in the context of CSR by theorizing (a) the effect of participant heterogeneity on resource dependence relationships and (b) the role of indirect influence pathways where stakeholders work through allies to manipulate the flow of resources to a firm.

AB - This study analyzes which firms leave multi-stakeholder initiatives (MSIs) for corporate social responsibility (CSR). Based on an analysis of all active and delisted participants from the UN Global Compact between 2000 and 2015 (n= 15,853), we find that SMEs are more likely to be delisted than larger and publicly-traded firms; that early adopters face a higher risk of being delisted; and that the presence of a local network in a country reduces the likelihood of being delisted. Based on this, we extend resource dependence theory in the context of CSR by theorizing (a) the effect of participant heterogeneity on resource dependence relationships and (b) the role of indirect influence pathways where stakeholders work through allies to manipulate the flow of resources to a firm.

KW - Multi-stakeholder initiatives

KW - Corporate social responsibility

KW - Small-and-medium-sized enterprises (SMEs)

KW - Resource dependency theory

KW - UN Global Compact

KW - Multi-stakeholder initiatives

KW - Corporate social responsibility

KW - Small-and-medium-sized enterprises (SMEs)

KW - Resource dependency theory

KW - UN Global Compact

U2 - 10.5465/AMBPP.2018.10459abstract

DO - 10.5465/AMBPP.2018.10459abstract

M3 - Paper

ER -

Rasche A, Gwozdz W, Larsen ML, Moon J. What Firms Leave Multi-stakeholder Initiatives? An Analysis of Delistings From the UN Global Compact. 2018. Paper presented at 78th Annual Meeting of The Academy of Management , Chicago, United States. Available from, DOI: 10.5465/AMBPP.2018.10459abstract